1 month ago
Stock Market

Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.39%

Investing.com – Saudi Arabia stocks were lower after the close on Sunday, as losses in the Energy&Utilities, Agriculture&Food and Hotels&Tourism

Investing.com – Saudi Arabia stocks were lower after the close on Sunday, as losses in the Energy&Utilities, Agriculture&Food and Hotels&Tourism sectors led shares lower.

At the close in Saudi Arabia, the Tadawul All Share fell 0.39%.

The best performers of the session on the Tadawul All Share were Saudi Steel Pipe Company (SE:1320), which rose 9.84% or 2.40 points to trade at 26.80 at the close. Meanwhile, Arabian Pipes Company (SE:2200) added 7.65% or 0.80 points to end at 11.26 and United Int Transportation Company (SE:4260) was up 3.56% or 1.00 points to 29.10 in late trade.

The worst performers of the session were Savola Group (SE:2050), which fell 4.42% or 1.50 points to trade at 32.40 at the close. Saudi Cement Company (SE:3030) declined 4.38% or 2.50 points to end at 54.60 and Saudi Cable Company (SE:2110) was down 3.86% or 1.90 points to 47.35.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 101 to 68 and 20 ended unchanged.

Shares in Saudi Steel Pipe Company (SE:1320) rose to 3-years highs; rising 9.84% or 2.40 to 26.80.

Crude oil for March delivery was up 2.88% or 1.55 to $55.34 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April rose 3.29% or 2.00 to hit $62.84 a barrel, while the April Gold Futures contract fell 0.23% or 3.10 to trade at $1322.10 a troy ounce.

EUR/SAR was up 0.02% to 4.2966, while USD/SAR rose 0.00% to 3.7504.

The US Dollar Index Futures was up 0.03% at 95.333.